Zimplats Q3 profit doubles to $42mln

HARARE, April 26 (The Source) – Zimplats on Wednesday said net profit more than doubled to $42,2 million in the three months to March 31, from $20,6 million in previous quarter. Revenue dropped six percent from $139 million to $131 million. The miner benefitted from… Read More

Mimosa output flat in Q3

BULAWAYO, April 26 (The Source) – The world’s second largest platinum miner, Impala Platinum says production at its 50 percent owned Mimosa Mine in Zvishavane remained unchanged at 30,000 ounces of platinum in the third quarter to March 31. In  its unaudited production report for… Read More

Unki Q1 platinum output up

HARARE, April 24 (The Source) – World platinum top producer Anglo American Platinum (Amplats) says production at its Zimbabwe unit near Shurugwi went up 2 percent to 18,900 ounces in the quarter to March compared to the same period last year. Unki’s output on a… Read More

Econet, ZB drive ZSE momentum

HARARE, April 22 (The Source) – The Zimbabwe Stock Exchange’s mainstream index continued its bullish run gaining 0.41 percent to close the week at 141,50 points, while the mining index rose 10,20 percent to 66,25 points. Econet gained 0,24 percent to settle at 17,45 cents.… Read More